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Samsung SDS and Tech Mahindra hold hands to explore global blockchain market with Nexledger platform

Press Trust of India  |  SEOUL 

/ -- SDS and announced to collaborate in the global market.

As part of the collaboration between the two companies, Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services and solutions, will offer SDS's platform, Nexledger, in the Indian and global market.

Nexledger, a platform developed by SDS, is flexible and scalable with the ability to deliver wide spectrum of customizable to trusted participants on the fly, based on enterprise specific requirements. provides flexibility to developers as they can choose from various and such as NCA (Consensus Algorithm), Hyperledger Fabric and Ethereum. Since the launch of in 2017, has secured various use cases in the real business, specifically, in the financial, logistics, and public sector.

Blockchain is the which has been evaluated (in the form of PoCs) by various customers across the globe in last year. This year it is expected that these PoCs will get converted into commercial deployments. Both partners consider Blockchain as a strong focus area in 2019 and will leverage each other's strengths in various geographies to make this collaboration successful.

will also actively contribute to improve Nexledger capabilities by participating in the development process of Nexledger platform.

Mahn Chey, of said, "We are proud to announce our joint efforts to promote Nexledger in the global market with As a company that believes in the value the will bring, Samsung SDS has dedicated its efforts to develop a blockchain platform, Nexledger, that meets the enterprise needs in the business sector. Together with Tech Mahindra, we look forward to delivering blockchain powered digital transformation to our clients."

Rajesh Dhuddu, -- Blockchain at Tech Mahindra, said, "As part of our TechMNxt charter, we are invested in creating a ecosystem to leverage next and platforms to provide enhanced experience to our customers. As a step towards the same, we are delighted to with Samsung SDS and look forward to leveraging their market research, proprietary Blockchain platform Nexledger that has proven ability to automate a complex Blockchain network deployment and maximise transactions not only on their native platform but also on Hyperledger and Ethereum. This partnership will also enhance our reach in Korean, and other APAC markets, maximise the joint offerings through a combination of respective platforms, Tech Mahindra's System Integration skills and Innovation centres in "


About Tech Mahindra

Tech Mahindra represents the connected world, offering innovative and customer-centric experiences, enabling Enterprises, Associates and the Society to Rise. We are a USD 4.9 billion company with 121,840+ professionals across 90 countries, helping over 935 global customers including Fortune 500 Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 in (2018).

We are part of the USD 21 billion that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, and vacation ownership.

About Samsung SDS

Samsung SDS was founded in 1985 as of Samsung, and has been leading digital innovation and transformation for major clients for over 30 years. With the vision to become a data-driven digital transformation leader, Samsung SDS utilizes advanced technologies such as analytics platforms, AI, blockchain and cloud to serve a diverse range of industries including intelligent manufacturing, global logistics, enterprise mobility, and For more information, visit https://

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 15 2019. 11:00 IST
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